The Australian city of Brisbane has welcomed the first of two Chanel stores. The apparel and accessories store opened its doors in Queens Plaza this week. It will be joined by a Chanel fragrance and beauty boutique next week.

To celebrate the launch, the fashion house has created a limited edition quilted clutch inspired by the Queensland city. Its rich blue hue celebrates the capital's ocean location, while its floral accent pays tribute to the city's many gardens. It's no Cooktown Orchid, Queensland's state flower, but it's very cute. A plaque reading "exclusive edition for Brisbane" will no doubt make these purses very covetable. They certainly don't come cheaply though, or easily. You'll need to add your name to the waiting list, and then fork over a cool $5490 for the privilege of owning one.

Of course, no one shops in the Queen Street Mall if they don't want to spend some serious cash. The pair of Chanel stores are keeping company with the likes of Louis Vuitton, Hermes, Bally, and Tiffany & Co. You'll need a bulging bank balance to even contemplate Christmas shopping there!

The new Chanel stores prove Brisbane is holding its own in the fashion stakes. I wouldn't suggest it's caught up to Melbourne or Brisbane just yet, but it's definitely evolving into a stylish city!